Florida has a lot of issues with processors as they are required to go through a rigorous process.

So, I recommend that you manage it carefully to make sure that you run as close to breakeven as possible.The second issue with any corporation (including LLCs filing as S-Corps) is having the corporation own rental real estate. 

The key issue seems to be that I not have an ownership interest when I am renting the property.

This included modernizing the interiors, enhancing the landscaping, and addressing any structural issues.

any issues with decks you fix right away. as far as fair pricing goes.. my rule of thumb is unless i know the work being done and have something to reference, always get 3 estimates, no matter what agreed on the flashing. i’d personally say do it. my first rental had a basement flood the first month, so i’m hypersensitive to water and any path it may enter a gmhkmk

Again, if we’re taking about a non condo multifamily purchase, I have no issues.

You never know a person's situation.A couple other reasons why a person would seller fi:1) they have had other offers "fall out" due to any number of issues with financing2)  they have a "unique" property, which may be difficult to sell using institutional financing.

Following this post as I have the same issue and would like some suggestions.

Isn't an issue for us.

They should go so far as to visit the property and tell you what issues they see.At a minimum an agent should do all the above.Good Investing...